How much does a 2023 new Toyota Camry cost?
A new 2023 Toyota Camry in the United States typically started around $26,000 for the base L model and could reach about $37,000 for higher trims with optional equipment. These figures reflect the Manufacturer’s Suggested Retail Price (MSRP) before destination charges and exclude taxes, title, and fees.
Pricing by trim
The following estimates show typical starting MSRPs for U.S. models at launch. Actual prices can vary by region, dealer, and any options or packages chosen.
- L: about $26,000
- LE: about $27,000
- SE: about $29,000
- XLE: about $34,000
- XSE: about $36,000
- TRD: about $37,000
Destination charges, taxes, and dealer fees are not included in these figures. Actual purchase price may vary based on region, promotions, and negotiated terms.
What can affect the total cost
Beyond trim level, optional equipment and packages—such as leather seating, advanced safety features, upgraded audio, larger wheels, and sunroofs—can raise the sticker price. Some trims offered all-wheel drive or sport-oriented packages that add to the MSRP, and regional destination charges can differ slightly.
Considerations for buyers
When shopping, compare the sticker price with current incentives, financing offers, and lease terms. Also factor in the total cost of ownership, including insurance, maintenance, and fuel economy, to determine your final out-the-door price.
Summary
The 2023 Toyota Camry spanned a broad price range reflecting trims from the base L up to well-equipped XLE/XSE variants. Start prices generally sat in the mid-$20,000s, climbing into the mid-$30,000s for higher trims with options. Always verify the exact price at your local dealer, and remember to include destination charges and applicable taxes when budgeting.
Which is better, a Camry or a Corolla?
The better car depends on your priorities: the Corolla is a smaller, more affordable compact with better fuel economy, ideal for city driving and budget-conscious buyers. The Camry is a larger, midsize sedan that offers more power, a more refined and spacious cabin, and a smoother ride, making it better for families, highway commuting, and those who want more features.
This video explains the differences between the Camry and Corolla: 56sYuhcarsYouTube · Jun 9, 2025
| Feature | Toyota Corolla | Toyota Camry |
|---|---|---|
| Size & Space | Smaller and more nimble, easier to park | Larger, with more passenger and rear legroom |
| Performance | Smaller engine, less powerful | More powerful, with options like a V6 engine and all-wheel drive |
| Fuel Efficiency | Generally higher fuel economy for its gasoline-only models | The hybrid model offers excellent fuel economy, but gas-only models may be less efficient than the Corolla |
| Ride & Refinement | More basic and focused on efficiency | Smoother, quieter, and more refined ride, especially on highways |
| Price | Typically lower starting price | Higher starting price, but offers more features as standard on some trims |
| Target Driver | Students, city drivers, first-time car owners, and those on a budget | Families, long-distance commuters, and those who want more comfort and power |
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Is 2023 a good year for a Toyota Camry?
The 2023 Toyota Camry generally receives positive reviews for its comfortable ride, spacious and user-friendly interior, strong reliability, and fuel efficiency, especially in the hybrid model. However, some drawbacks include a dated infotainment system, a base engine that can feel underpowered, and engine noise on the hybrid model.
Positives
- Comfort: The ride is smooth and comfortable, with supportive front seats and ample rear-seat space. The SE and XSE trims offer a sportier feel without significantly sacrificing ride quality.
- Reliability: The Camry has a strong reputation for reliability and longevity, with many owners citing this as a key reason for purchase.
- Fuel Efficiency: The hybrid version offers impressive MPG, with some owners reporting even better mileage than EPA estimates. The gas-only model is also reasonably efficient.
- Safety: The Camry has earned top safety ratings, including a five-star overall rating from the NHTSA and a "Top Safety Pick+" from the IIHS.
- Interior Space: The cabin is spacious for both front and rear passengers, and the trunk is notably large.
- Handling: Even the non-sport models handle well, and the AWD option is praised for its performance in various conditions.
Negatives
- Infotainment: While user-friendly, the infotainment system's graphics, resolution, and responsiveness are considered dated for a 2023 model.
- Engine Noise: Some owners have reported engine noise, particularly on the hybrid's CVT transmission.
- Performance: The base engine can feel a bit underpowered, though the V6 and hybrid options provide stronger acceleration. The hybrid's brakes can also feel spongy.
This video provides a detailed review of the 2023 Toyota Camry, including its design and features: 1mRealistickYouTube · Dec 31, 2022
Which Camry to stay away from?
You should stay away from the 2007–2014 Toyota Camry, particularly the 2007–2011 models with the 2.4L 2AZ-FE engine due to oil consumption issues, and the 2012–2014 models that had transmission and AC problems. The 2018–2019 models also had reports of transmission issues with their 8-speed automatics.
Specific model years to avoid and why
- 2007–2011: These models, especially those with the 2.4L 4-cylinder engine, are prone to excessive oil consumption due to a design flaw in the piston rings. This can lead to serious engine damage, like rod knock, if not maintained meticulously.
- 2012–2014: These years experienced recurring problems with the automatic transmission, including slipping and torque converter issues. Owners also reported a musty smell from the AC system due to mold growth, and other issues with the AC compressor or heating.
- 2018–2019: Some of these models had problems with the 8-speed automatic transmission, leading to funky shifting.
What to consider instead
If you're looking for a reliable used Camry, focus on other model years like 2005–2006, 2015, or 2016–2017 models. You may also consider models from 2010 onwards, which had more reliable engines and safety features like standard stability control.
Why is Toyota discontinuing the Camry?
Toyota is not discontinuing the Camry globally, but is ending sales in Japan due to low domestic demand, a shift toward SUVs in that market, and the overlap with the Toyota Crown. The Camry will continue to be produced for other major markets, including North America, where it remains popular.
Reasons for discontinuing the Camry in Japan
- Low domestic sales: The Camry was selling poorly in Japan, with only 6,000 units sold in 2022, making up a small fraction of its global sales.
- Shift in consumer preference: Japanese consumers have increasingly favored SUVs and crossovers over sedans, a trend that hurt sales.
- Market overlap with the Crown: The Crown, which Toyota has reinvented as a quasi-crossover, fills a similar market role as the Camry, leading Toyota to focus on that model in Japan.
The Camry's future in other markets
- Continued global production: The Camry will continue to be produced for other markets where it is popular, such as the United States.
- Strong sales in North America: The Camry remains a strong seller in the U.S., which is one of its largest markets.
- New generation: A new generation of the Camry is planned for markets outside of Japan.
